Category: Economy

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Finance Ministry, OAGF Comply With Fiscal Responsibility Act, Says Adeosun

Finance Ministry, OAGF Comply With Fiscal Responsibility Act, Says Adeosun

Finance Minister, Mrs. Kemi Adeosun, on Sunday described as misleading, a news report that the Federal Ministry of Finance and the Office of the Accou...
Nigeria’s External Reserve Soars $11.936bn Year-To-Date

Nigeria’s External Reserve Soars $11.936bn Year-To-Date

• Gains $2.834bn In 3 Weeks Nigeria’s external reserves recorded one of its most significant jumps this year, when it soared by a princely $2.834bn...
CBN Suspends New Policy On Settlement Banking

CBN Suspends New Policy On Settlement Banking

The Central Bank of Nigeria (CBN), on Friday, announced an indefinite suspension of its new policy on extension of settlement banking to all cheque cl...
IMF Sees FX Intervention, Higher Oil Prices Propelling Nigeria’s GDP To 2.1% In 2018

IMF Sees FX Intervention, Higher Oil Prices Propelling Nigeria’s GDP To 2.1% In 2018

• Seeks Urgent Macroeconomic, Structural Reforms The International Monetary Fund (IMF), on Friday projected that Nigeria’s economy could grow by a...
Nigeria’s Unemployment, Under-Employment Rate Soars To 40% In Q3- NBS

Nigeria’s Unemployment, Under-Employment Rate Soars To 40% In Q3- NBS

• Says Jobless Rate Highest In Rivers, A’Ibom, Bayelsa, Imo The National Bureau of Statistics (NBS), on Friday released its Labor force report for ...
Nigeria’s $3bn Eurobond Oversubscribed By 278%, Says DMO Boss

Nigeria’s $3bn Eurobond Oversubscribed By 278%, Says DMO Boss

Caption: From left: Haruna Jalo-Waziri, Managing Director/CEO, Central Securities Clearing System (CSCS) Plc; Tony Ibeziako, Ag. Capital Market Divisi...
Ahead Of Election Year: Equity Analysts Urge Investors To Focus On Value Stocks, Protect Capital

Ahead Of Election Year: Equity Analysts Urge Investors To Focus On Value Stocks, Protect Capital

Experts and analysts in Nigeria’s equity market say despite the huge gains recorded so far as shown by the upward movement of the Nigerian Stock Excha...
CBN Restates Commitment To FX Intervention, Liquidity

CBN Restates Commitment To FX Intervention, Liquidity

The Central Bank of Nigeria (CBN), on Tuesday restated its commitment to sustain its intervention in the inter-bank segment of the foreign exchange ma...
BudgIT Calls NASS Attention To N73.3bn ‘Suspicious’ Appropriations In 2018 Budget

BudgIT Calls NASS Attention To N73.3bn ‘Suspicious’ Appropriations In 2018 Budget

BudgIT, a civic tech organisation promoting increased standards of transparency, citizen engagement & accountability in Nigeria’s public finance, on M...
Again, November Inflation Limps, Up 15.9% YoY

Again, November Inflation Limps, Up 15.9% YoY

• Bauchi Records Highest, Kogi, Lowest Growth Rate Nigeria’s National Bureau of Statistics (NBS), on Monday, published the Consumer Price Index (CP...
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